Warrington-based European Metal Recycling processes 10m tonnes of waste metal every year, salvaged from consumer products, factory offcuts and demolished buildings. A joint venture agreed last December with the American-based recycling group Smith Industries will lead to EMR’s Camden Iron &Metal subsidiary being merged with the American group. Sales rose 38% to £3,099m in 2008, but strong market conditions in the first half of that year were followed by unprecedented price attrition in the second half, which reduced profit margins considerably. EMR is owned by the Sheppard family with day-to-day operations run by chief executive Colin Iles.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyEuropean Metal Recycling
ActivityMetal recycler
Sales £m3,099
Profit £m176
Year endDec 08
Principal shareholdersSheppard family (99%)

If applicable:

* Supplied by company † Annualised figure